Aaron Wealth Advisors LLC Acquires 919 Shares of Meta Platforms, Inc. $META

Key Points

• Aaron Wealth Advisors LLC increased its holdings in Meta Platforms, Inc. by 7.5%, now owning 13,246 shares valued at approximately $9.78 million.
• Several institutional investors, including GAMMA Investing LLC and Invesco Ltd., significantly raised their stakes in Meta, indicating strong investor confidence in the company.
• Meta Platforms reported $7.14 earnings per share for the last quarter, surpassing analysts' estimates, and declared a quarterly dividend of $0.525 per share.

Aaron Wealth Advisors LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 7.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,246 shares of the social networking company's stock after acquiring an additional 919 shares during the quarter. Meta Platforms comprises approximately 1.0% of Aaron Wealth Advisors LLC's investment portfolio, making the stock its 18th biggest holding. Aaron Wealth Advisors LLC's holdings in Meta Platforms were worth $9,777,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of META. Blodgett Wealth Advisors LLC boosted its position in shares of Meta Platforms by 2.3% during the second quarter. Blodgett Wealth Advisors LLC now owns 1,565 shares of the social networking company's stock worth $1,155,000 after purchasing an additional 35 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new position in Meta Platforms during the second quarter worth about $6,580,000. Keystone Wealth Services LLC lifted its holdings in Meta Platforms by 0.8% during the second quarter. Keystone Wealth Services LLC now owns 2,214 shares of the social networking company's stock worth $1,634,000 after acquiring an additional 17 shares in the last quarter. Divergent Planning LLC bought a new position in Meta Platforms during the second quarter worth about $430,000. Finally, Thrive Wealth Management LLC lifted its holdings in Meta Platforms by 4.0% during the second quarter. Thrive Wealth Management LLC now owns 2,938 shares of the social networking company's stock worth $2,169,000 after acquiring an additional 114 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Down 0.2%

NASDAQ META traded down $1.87 during trading hours on Friday, hitting $778.38. 22,494,703 shares of the company traded hands, compared to its average volume of 9,174,566. The stock has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 28.18, a P/E/G ratio of 1.63 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The business's 50-day moving average is $747.06 and its 200-day moving average is $665.93.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm's revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, September 22nd. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Wedbush lifted their price objective on Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Wells Fargo & Company lifted their price target on shares of Meta Platforms from $783.00 to $811.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. KeyCorp lifted their price target on shares of Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. TD Cowen boosted their price objective on shares of Meta Platforms from $800.00 to $875.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, BMO Capital Markets boosted their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the company a "market perform" rating in a research report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $826.05.

Insider Activity at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $767.16, for a total value of $398,156.04. Following the completion of the sale, the insider directly owned 30,870 shares of the company's stock, valued at $23,682,229.20. This trade represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the sale, the director directly owned 8,412 shares of the company's stock, valued at approximately $6,371,837.64. The trade was a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 257,922 shares of company stock worth $196,412,792. Insiders own 13.61% of the company's stock.

Meta Platforms Company Profile

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.